M. GRØNVOLD EIENDOM AS

2383 BRUMUNDDAL

Finances

Share Ownership

Return on Equity

23,5 %

Current Ratio

1,94

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 667 000	3 029 000	2 804 000	2 547 000
Net Income	600 000	476 000	304 000	230 000
Total Assets	3 912 000	3 993 000	3 265 000	3 745 000
Total Equity	2 553 000	1 952 000	1 477 000	1 172 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 667 000	3 029 000	2 804 000	2 547 000
Expenditure	2 897 000	2 396 000	2 366 000	2 189 000
Operating Profit	770 000	633 000	438 000	358 000
Financial Income	4 000	4 000	5 000	6 000
Financial Costs	4 000	28 000	53 000	68 000
Financial Balance	0	−24 000	−48 000	−62 000
Earnings Before Tax	770 000	610 000	390 000	295 000
Tax	169 000	134 000	86 000	65 000
Net Income	600 000	476 000	304 000	230 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 329 000	1 330 000	1 202 000	1 307 000
Total Current Assets	2 583 000	2 663 000	2 064 000	2 437 000
Total Assets	3 912 000	3 993 000	3 265 000	3 745 000
Total Retained Equity	2 453 000	1 852 000	1 377 000	1 072 000
Total Equity	2 553 000	1 952 000	1 477 000	1 172 000
Total Long-Term Debt	27 000	744 000	820 000	1 428 000
Total Current Debt	1 332 000	1 296 000	969 000	1 144 000
Total Equity and Debt	3 912 000	3 993 000	3 265 000	3 745 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 096 000	2 579 000	2 423 000	2 167 000
Other Income	571 000	450 000	381 000	380 000
Revenue	3 667 000	3 029 000	2 804 000	2 547 000
Cost of Goods Sold	62 000	22 000	139 000	84 000
Salary Costs	2 054 000	1 703 000	1 609 000	1 399 000
Depreciation	91 000	10 000	132 000	109 000
Impairment	0	0	0	0
Expenditure	2 897 000	2 396 000	2 366 000	2 189 000
Operating Profit	770 000	633 000	438 000	358 000
Financial Income	4 000	4 000	5 000	6 000
Financial Costs	4 000	28 000	53 000	68 000
Financial Balance	0	−24 000	−48 000	−62 000
Dividends	0	0	0	0
Net Income	600 000	476 000	304 000	230 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 133 000	1 185 000	1 185 000	1 307 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	196 000	145 000	17 000	0
Total Tangible Assets	1 329 000	1 330 000	1 202 000	1 307 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 329 000	1 330 000	1 202 000	1 307 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 960 000	2 003 000	1 325 000	1 483 000
Total Current Assets	2 583 000	2 663 000	2 064 000	2 437 000
Total Assets	3 912 000	3 993 000	3 265 000	3 745 000
Total Equity	2 553 000	1 952 000	1 477 000	1 172 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 000	744 000	820 000	1 428 000
Creditors	83 000	102 000	68 000	61 000
Unpaid Taxes	334 000	427 000	272 000	373 000
Dividends	0	0	0	0
Other Current Debt	743 000	648 000	525 000	610 000
Total Current Debt	1 332 000	1 296 000	969 000	1 144 000
Total Equity and Debt	3 912 000	3 993 000	3 265 000	3 745 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,5 %	24,39 %	20,58 %	19,62 %
Debt-to-Equity Ratio	0,01	0,38	0,56	1,22
Operating Profit Margin	21 %	20,9 %	15,62 %	14,06 %
Current Ratio	1,94	2,05	2,13	2,13
Quick Ratio	1,94	2,05	2,13	2,13
Equity Ratio	0,65	0,49	0,45	0,31
Gross Profit Margin	98,31 %	99,27 %	95,04 %	96,7 %